The results of a Wells Fargo/Gallup poll printed July twenty seven finds that solely 2 p.c of U.S. investors own Bitcoin, however twenty six p.c square measure intrigued by it.
The online survey was conducted might 7-14, 2018 amongst U.S. investors with quite $10,000 in stocks, bonds or mutual funds. The results show that the overwhelming majority of investors WHO have already detected of Bitcoin won't be finance within the leading cryptocurrency any time shortly, with seventy two p.c speech they “have no interest in ever shopping for Bitcoin.”
According to the information from the poll, even if ninety six p.c of investors had detected of Bitcoin, “only regarding 3 in ten investors (29%) say they apprehend one thing regarding digital currencies,” with sixty seven p.c speech they need detected of them however don’t apprehend a lot of regarding them.
Even though the initial intention behind Bitcoin involves its use as a method of payment, or “electronic cash”, it’s high volatility has created it “more fashionable as a high-risk/high-reward investment than as a web currency — though acceptance of Bitcoin for electronic payments is growing.” The results of the survey show that seventy five p.c of respondents read associate degree investment in Bitcoin to be “very risky,” with twenty three p.c speech it had been “somewhat risky.”
The statistics on gender and age show that young men square measure the foremost seemingly demographic to “say they apprehend one thing regarding bitcoin or alternative digital currencies.” The report conjointly states that “[r]elated to the age variations, investors with but $100,000 in investments (who tend to be younger) square measure a lot of seemingly to be conversant in the innovation than those with higher plus levels.”
A study on Americans and cryptocurrencies commissioned by Finder.com in Gregorian calendar month showed that eight p.c, or around twenty six mln, of usa citizens have already purchased cryptocurrency.
A recent report on the highest 10 crypto comes that raised a minimum of $1 million in 2017 unconcealed that on the average every showed a come back on investment of over 136,000 p.c.